2-bedroom house · BN20 7HD
Listing removedReduced £10k (−6.5%) on 24 MayListed 480 days
Opportunity summary
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About
**Cash buyers only please** East facing first floor flat forming part of this popular safe and secure retirement development.
Colonel Stevens Court (built 1995) is situated in the peaceful and picturesque Lower Meads area. The building and grounds are maintained to a high standard.
The location provides easy walking access to the town centre and railway station, also the seafront, theatres, restaurants and cafes as well as the popular Towner art gallery The flat is a rectangular design with lounge diner and separate newly fitted kitchen, two double bedrooms with built-in wardrobe units (2nd bedroom could easily be used as a study) & a shower room/ WC (with newly fitted flooring).
Each room benefits from having Careline cords for emergency assistance if needed..
Colonel Stevens Court benefits from having excellent warden assistance, a residents lounge, laundry room, communal gardens and residents parking facilities.
There is a No.3 bus stop conveniently located just outside the main gate for transport to Eastbourne town centre and the Upper Meads. Access to Seaford/ Brighton from a No.39 bus stop nearby.
Newly available EE full fibre broadband. Other broadband access available from a range of providers including BT, Plusnet, Vodafone and Sky.
Entrance - Communal entrance with security entry phone system. Warden’s office, stairs and lift to first floor. Hallway - Security entry phone, night storage heater. Coved ceiling.
Walk-in airing cupboard with hot water cyclinder. Electricity meter in 2nd cupboard. Outside - Private off road car parking area.
Other Details - Colonel Stevens Court also offers a resident’s lounge, laundry room and guest suite.
Council Tax Band - D Lease - 125 years from February 1st 1995 Age requirement - Owners must be minimum 60, partners 55+.
Service Charge - £4556 per annum payable in 2 instalments Ground Rent - £582.44 per annum payable in 2 instalments EPC - B **ENQUIRIES** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S4671 Lounge/ dining room 5.9m x 3.4m Night storage heater. Feature fireplace with inset coal effect electric fire. Coved ceiling.
Double glazed window with views over the garden area and Meads. Kitchen 2.7m x 1.8m Newly installed Howden kitchen (May 2025). Range of fitted wall and base units.
Worktop with inset single drainer sink unit with mixer tap. Built-in electric Bosch hob and eye level oven. Extractor cooker hood. Integrated Bosch freezer and fridge. Part tiled walls.
Double glazed window. Bedroom 1 4.8m x 2.8m Night storage heater. Built in wardrobes. Coved ceiling. Double glazed window with views over the garden area and Meads.
Bedroom 2 / Study 4.8m x 2.3m Night storage heater. Built in wardrobe. Coved ceiling. Double glazed window with views over the garden area and Meads.
Shower room/ WC 2.1m x 1.6m Suite comprising oversized shower cubicle. Low level WC. Vanity unit with inset wash hand basin and cupboards below. Low level WC. Extractor fan.
Tiled walls. Heated towel rail.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Colonel Stevens Court, Granville Road, Eastbourne, BN20
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